More NewsIxaris Launches Payment Application to Automate Corporate Purchasing

Ixaris Launches Payment Application to Automate Corporate Purchasing

Ixaris, a global electronic payments company, has launched Opn Card Guardian, a payment application that automates the corporate purchasing process through one-time-use virtual Visa cards. Developers and businesses can integrate corporate purchasing functionality into third party procurement systems without having to partner with a financial institution or integrate with a card processor.

Using Opn Card Guardian, any type of firm, from small and medium-sized enterprises (SMEs) to global enterprises, can issue their employees with company-branded open loop virtual Visa cards that are pre-loaded with funds and configured in various ways to ensure that purchases comply with internal expense control arrangements. This level of financial control gives organisations the ability to take advantage of online purchasing through Visa cards while reducing reconciliation discrepancies and unauthorised purchases.

Alex Mifsud, chief executive officer (CEO) of Ixaris, said: “Gone are the days when sharing the corporate credit card details with numerous and often transient staff is the only option for business to take advantage of online purchasing. Organisations now have the ability to extend their purchase and expense control arrangements with a card purchasing option that does not compromise on financial control and oversight. Any business with a basic intranet can incorporate the payments innovation that Opn Card Guardian offers easily within their site, so it is as simple to implement as it is to use.”

Related Articles

Preparing for GDPR? Here’s four things to consider

More News Preparing for GDPR? Here’s four things to consider

3m Elliott Wiseman
Cash flow in focus for investors

Cash Management Cash flow in focus for investors

4m Conor Deegan
Treasury TV: Karen Pugsley, Domino's Pizza Group

More News Treasury TV: Karen Pugsley, Domino's Pizza Group

4m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

Compliance Treasury TV: Yeng Butler compares US and European MMF reforms

4m Victoria Beckett
Treasury TV: Tim de Knegt, The Port of Rotterdam

10 Minutes With The Treasury Treasury TV: Tim de Knegt, The Port of Rotterdam

4m Victoria Beckett
Banks are selling clients short with short dated cash deposit U-turns

Banking Banks are selling clients short with short dated cash deposit U-turns

4m Victoria Beckett
What does sterling’s Brexit boost mean for UK manufacturers?

More News What does sterling’s Brexit boost mean for UK manufacturers?

5m Tasja Botha
FX for corporates: 5 best practices for treasurers

Economy FX for corporates: 5 best practices for treasurers

5m Mateo Graziosi